Interview with David Sønstebø

May Report #2: The Silence Before The Storm

Development Update

Since a few weeks we are waiting for the new version. Just now, a small hint arrived that this may soon™ be over:

I’ll give you a short list of what we can expect and as an addition, a small summary of the biggest things you might have missed. The May Report 2.

The most important piece first: In a few days, IOTA will show its capabilities.

Right now, a day after Doms small update (above), the Coordinator is online again, but not attached to the Tangle.
That means:

An update of the new IRI is imminent.

As Dom pointed out: There will be no snapshot, for now.

We can expect big announcements in the following days (Maybe also when and where IOTA will be listed).

The wait is finally over!

With the new version, the spammers can be used for the main net again.

Countless new full nodes will be set up, mine including (Let’s meet in #nodesharing when the new IRI/GUI is here).

After the update the Tangle and the confirmation timings will be faster than ever.

YDX can withdraw all iota.

We’re getting closer to the “liberation of the Tangle”, when the Coordinator will be shut down in July. Then, the Monte Carlo Random Walk algorithm will be activated instead.
That way, the tip-selection and protection of the network will be ensured, while the scalability can unfold perfectly.

Take a look in our slack in the next days to catch the next instructions and announcements. That way, we can build the Tangle topology, again, -in no time.

If you are a developer, please take a minute of your time and look at the ecosystem fund, if you want to work with and for IOTA:

Consensus 2017

Cryptocurrencies, in general have come very far.
Consensus 2017 was held nowhere else than on the New York Broadway. Hundreds of participants, CEO’s, thousands of enthusiasts were there, to share their knowledge and to show the world that Blockchains (and the Tangle) are here to stay.

As a part of Dominik Schieners US-journey, He also participated in the “IoT & Blochchain: Powering the Connected Device Economy“-Panel on Monday 22th.

David Sønstebø wanted to participate, but due to an unforeseen accident he stayed in Norway and sent Dominik Schiener instead.

Dom did a great job in describing his vision to the plenum, while the content of the discussion were not actually focused on a comparison of IOTA to Blockchains.

Instead, the discussion were hold on a meta-level and the experts shared their thoughts and insights about the chances of collaborations of banks and Blockchains, their personal vision and the problems and chances they may face in the future.

Also part of Consensus 2017 was Dr. Carsten Stöcker who took part in a panel discussion about “Energy Markets“.

Carsten, as always, did a great job in explaining his vision and afterwards, he also found a moment of his time to explain why he didn’t get into IOTA’s details. -For a good reason.

He furthermore announced that IOTA is on the testing roadmap for “Share&Charge” where IOTA is used to tag IoT devices.

David added: “We’ll unveil more info on the ‘Digital Twin project’ together next week, so stay tuned for that”

For now, it’s unclear how and where these researches take place and what will be achieved, but considering the big list of known companies on the list, we can expect some interesting projects and fruitful results.

If you need a good comprehensive blog-post by Dominik Schiener, with an up-to-date overview of IOTA, I recommend this:

If want to have a deep-dive into IOTA, how it works, where it comes from and where we're going, read: https://t.co/jpbIQXj7Ul

@TechCrunch Would love that for the cryptospace, together with a standard they had to accept like using primary sources, commentaries have to be marked as such and conflicts of interests should be marked at the beginning of an article. Crypto desperately needs a standard. #iota #btc #eth